Reported 1 day ago
Sunnova Energy (NOVA) reported a quarterly loss of $1.11 per share, exceeding the expected loss of $0.82 and reflecting a significant decline compared to a loss of $0.20 per share from the previous year. The company also reported revenues of $224.13 million, falling short of estimates by 4.44%. Despite having posted better-than-expected results twice in the last four quarters, Sunnova's shares have dropped approximately 51.6% year-to-date. Current earnings expectations suggest a potential for the stock to outperform the market in the near future.
Source: YAHOO